A joint economic-lot-size model for purchaser and vendor in fuzzy sense
โ Scribed by G.C. Mahata; A. Goswami; D.K. Gupta
- Publisher
- Elsevier Science
- Year
- 2005
- Tongue
- English
- Weight
- 920 KB
- Volume
- 50
- Category
- Article
- ISSN
- 0898-1221
No coin nor oath required. For personal study only.
โฆ Synopsis
This paper investigates a group of computing schemas for joint economic lot size as fuzzy values of the economic lot size model for purchaser and vendor. We express the fuzzy order quantity/production lot size for the purchaser/vendor as the normal triangular fuzzy number (ql, q0, q2) and then we solve the aforementioned optimization problem under the condition 0 < ql < q0 < q2. We find that, after defuzzification, the joint total relevant cost is slightly higher than in the crisp model. @
๐ SIMILAR VOLUMES
In this paper, we extend the classical economic order quantity model to allow for not only a function of price-dependent and time-varying demand but also fluctuating unit purchasing cost. The joint replenishment problem is subject to continuous decay and a general partial backlogging rate. The objec